Category: World

NEW DELHI: Prime Minister Narendra Modi laid the foundation stone of important petroleum and natural gas projects worth more than Rs 9,000 crore on Tuesday. The two projects dedicated to the nation include Indian Oil Corporation Ltd’s (IOCL) 488-km-long natural gas pipeline from IP101 (Chengalpet) to IP 105 (Sayalkudi) section of Ennore-Thiruvallur-Bengaluru-Puducherry-Nagapattinam-Madurai-Tuticorin Pipeline, and Hindustan […]

The post PM Lays Foundation Stone Of Petroleum & Natural Gas Projects Worth Over Rs 9,000 Crore In Tamil Nadu first appeared on <a

NEW DELHI: India’s Mines Ministry has upped the ante as it eyes securing supplies for critical minerals specially lithium and cobalt, among others. Beyond getting into global alliances and participating across select projects; discussions are currently underway with Lat-Am nations, like Argentina, Chile and Bolivia (also called global Lithium Triangle), and Australia for acquisition of […]

The post India Plans More Auctions To Boost Access To Critical Minerals In 2024 first appeared on Latest India news, analysis and reports

NEW DELHI: The government has relaxed curbs for shifting of used IT hardware goods like laptops and desktops by a company in special economic zones (SEZs) to outside these duty free-enclaves or domestic tariff areas. SEZs are treated as deemed foreign territory for customs laws and bringing goods from these zones into the domestic tariff […]

The post Norms Eased For Shifting Of Used IT Hardware Goods From SEZs To Domestic Tariff Areas first appeared on Latest India news,

NEW DELHI: Ministries of mines, steel and the department for promotion of industry and internal trade (DPIIT) will set up an internal mechanism to monitor the export of steel and aluminium products at concessional duties to the US, an official said. Indian exports of these products were earlier attracting additional duties in the US, as […]

The post Mechanism To Monitor Steel, Aluminium Products Export At Concessional Rates To US In The Making first appeared on Latest India news,

By K Raveendran The Supreme Court verdict in the keenly-awaited petitions against the adequacy of the SEBI probe into the charges against the Adani group is neither convincing nor conclusive. A bench headed by Chief Justice D Y Chandrachud has given the market regulator another three months to complete its investigations. The court has also […]

The post Supreme Court’s Adani Case Verdict Fails To Inspire Confidence To Detractors first appeared on Latest India news, analysis and reports on

By Dr. Gyan Pathak Narendra Modi government had successfully avoided any meaningful discussion on the three new criminal laws in the Lok Sabha by resorting to suspension of almost entire opposition members in the Lok Sabha, but had to face a serious roadblock even before their implementation enforcing the Centre to give a second thought […]

The post Drivers’ Protest Shows The Three New Criminal Laws Are Pandora’s Box first appeared on Latest India news, analysis and reports on

By Arun Srivastava With their malicious design to engage Bihar chief minister, Nitish Kumar in a psychological war proving to be absolutely ineffective, the Narendra Modi and Amit Shah combine has tossed a new type of conceptual war against Jharkhand Chief Minister Hemant Soren. While the duo failed to muster courage to direct their parrot […]

The post Soren Checkmates Modi-Shah’s Design To Dislodge Him From Office first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty It sounds odd calling Rahul Gandhi’s ‘Bharat Nyay Yatra’, “nationwide east-to-west yatra”. The yatra is east-to-west, but not nationwide. Cutting through 14 states and 85 districts is not the entirety of India. It is another matter if it has a nationwide impact. Also, the claim that the Congress “hopes” to win 150 […]

The post Congress’s Bharat Nyay Yatra Will Clash With 2024 Poll Preparations At Ground Level first appeared on Latest India news, analysis and

In the run-up to the 2024 Lok Sabha elections, the Bharatiya Janata Party (BJP) will target women and the youth. BJP national president JP Nadda has appointed a committee to hold sammelans (public meetings) focusing on these groups. The panel held its first meeting in the national capital at the party headquarters on Tuesday. The […]

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The Aam Aadmi Party (AAP) may not ally with the Congress in Punjab, as part of the opposition’s Indian National Developmental Inclusive Alliance (INDIA) front against the Bharatiya Janata Party (BJP) for the 2024 Lok Sabha elections, according to top sources in the party. Sources said the alliance between the two will be for states […]

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Describing secularism as a foundational pillar of India’s democracy, Congress leader Sonia Gandhi said the word secular is being used as a “pejorative” by those now in power, resulting in increased polarisation in the society. “They say they are committed to ’democracy’, but at the same time, they weaken the safeguards meant to ensure its […]

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Jharkhand Chief Minister Hemant Soren on Tuesday dismissed speculations of his wife Kalpana Soren contesting from Gandey assembly constituency in the state and termed it as a ”complete imagination” of the BJP. There is not an iota of truth in the speculations, said Soren who is the executive president of the JMM. ”Possibility of my […]

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MUMBAI: The Reserve Bank of India (RBI) on Tuesday proposed to tighten norms for dividend declaration by banks as it lowered the net non-performing asset (NPA) ratio for a lender to be eligible for paying dividends. In a draft circular released on Tuesday, the RBI said it would not entertain any ad hoc dispensation on […]

The post Reserve Bank Of India Seeks To Lower NNPA Of Banks For Paying Dividends first appeared on Latest India news, analysis and

NEW DELHI: With buoyant revenues likely ensuring that the 5.9% fiscal deficit target is met in the current financial year, the Centre may target to bring it t down to 5.2% in FY25, while sticking with the medium-term glide path for 4.5% deficit by FY26. However, this would entail compression of the revenue deficit, more […]

The post Interim Budget To Stick With Glide Path, FY25 Fiscal Deficit Target Likely At 5.2 Percent first appeared on Latest India news,

NEW DELHI: In the free-trade negotiations that India is involved in, it may end up giving up more than what it can gain, trade policy think tank said on Tuesday citing a recent study. Even in labour-intensive sectors where New Delhi is seeking parity with competitors from the developing world, it may face disappointments, the […]

The post India To Continue Giving More Under FTAs Than It Musters: Study first appeared on Latest India news, analysis and reports on

NEW DELHI: From Hindustan Unilever to ICICI Bank, HDFC Bank and Eicher Motors, almost all the big names of India Inc and thousands, if not lakhs, of smaller GST taxpayers have received tax demand on the eve of new year as authorities sought to meet the five-year deadline to raise claims, literally burning the midnight […]

The post GST Department Goes On Tax Demand Overdrive first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The plans to increase buoyancy in tax collections, widening the tax base and increasing the compliance by taxpayers seem to have been aided by the new income tax (IT) regime in the current financial year. However, experts feel a few more tweaks in the tax rates in the forthcoming interim Budget could make […]

The post More Than 60 Per Cent Of Taxpayers Adopt New I-T Regime first appeared on Latest India news, analysis and reports on

NEW DELHI: The audit and non-services offered by the Big Four network and other firms to their clients are under the lens of the National Financial Reporting Authority (NFRA), the regulator for listed and large unlisted companies in the country. The issue has been flagged in several of the inspection reports that have been released […]

The post Services Of Audit Companies Under Lens Of NFRA first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s top oil and gas producer ONGC is seeking global technology partners to cut gas flaring and achieve zero methane emission by 2030 as part of its ambitious decarbonisation plan, its chairman Arun Kumar Singh said on Monday. Oil and Natural Gas Corporation (ONGC) has substantially cut gas flaring — burning of methane […]

The post ONGC Seeks Partners To Cut Gas Flaring, Zero Methane Emission By 2030 first appeared on Latest India news, analysis and reports

NEW DELHI: The share of the private sector in new investment projects rose amid a slowing pace of government investments in the December quarter. But the value of new investment projects declined sharply by 78% on year to Rupees 2.1 trillion. The Centre front-loaded its budget capex in the early part of the current financial […]

The post New Capex Announcements Plunge 77 Per Cent To Rupees 1.9 Trillion In December Quarter first appeared on Latest India news, analysis

NEW DELHI: In order to give a push to the economy, the government has relaxed norms governing public expenditure exceeding Rs 500 crore during the fourth quarter (January-March) of the current financial year. Instructions to this effect were issued by the finance ministry through an office memorandum last week. The relaxation, according to a memorandum, […]

The post Govt Relaxes Norms Governing Public Expenditure Exceeding Rs 500 Crore For Q4 first appeared on Latest India news, analysis and reports

NEW DELHI: The Centre’s dividend receipts from the Central Public Sector Enterprises (CPSEs) stood at Rs 43,843 crore as of January 1, crossing the 2023-24 budget estimate (BE) of Rs 43,000 crore, giving further comfort on the fiscal front. The dividend receipts of Rs 39,086 crore so far in FY24 were 26% higher than the […]

The post Centre’s Dividends From CPSEs Exceed FY24 Budget Target first appeared on Latest India news, analysis and reports on IPA Newspack.

Samajwadi Party president Akhilesh Yadav on Monday accused the BJP of conspiring to destroy the sanctity of democracy and said the saffron party has to be removed “at any cost” in the 2024 Lok Sabha elections. Addressing the gathering at the SP state headquarters here on New Year’s Day, the SP chief wished that 2024 […]

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Punjab Chief Minister Bhagwant Mann on Monday took a jibe at the Congress losing ground in Delhi and Punjab comparing the party’s existence in the two states to the “shortest story a mother can tell her kids”. “…The shortest story a mother in Delhi or Punjab, can narrate to her child is ‘Ek thi Congress’…” […]

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In a major shock to Andhra Pradesh Chief Minister and YSR Congress Party chief Jagan Mohan Reddy ahead of the 2024 Lok Sabha polls, his sister and founder president of the party YS Sharmila is speculated to join Congress by the end of first-week of January. The development comes a month after the Congress party […]

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NEW DELHI: India’s electronics manufacturing sector is set to grow 15 per cent to be worth USD 115 billion in 2024, with players continuing to focus more on higher levels of value addition in terms of components and development of products. The production of mobile phones, the poster boy of the country’s electronics manufacturing, is […]

The post Electronics Manufacturing Sector To Be Worth $115 Billion In 2024 first appeared on Latest India news, analysis and reports on IPA

Coal India Ltd (CIL) has lined up massive plans to ramp up its mining capacity, while also roping in the private players in a big way as mine development operators (MDOs). The state-run miner, which reported elevated capex consistently over the last several years, will keep the pace in the coming years as well, with […]

The post Coal Production Target For FY25 Is Set At 850 MT: CIL CMD first appeared on Latest India news, analysis and reports

Disbursements by power-focused infrastructure companies are expected to surpass Rs 2.9 trillion in 2023-24 (April-March), aided by substantial capital expenditure in the power sector and improving balance sheets, CareEdge Ratings said in a report. Disbursements were at Rs 2 trillion in 2022-23. This growth in disbursements is likely to enable such infrastructure finance companies to […]

The post Power Finance Firms’ Disbursements To Top Rs 2.9 Trillion In FY24: Report first appeared on Latest India news, analysis and reports

NEW DELHI: The country’s power consumption dipped 2.3 per cent to 119.07 Billion Units (BU) in December, marking its first monthly decline in eight months due to lower demand for heating equipment, especially in the north, on account of mild winter, according to government data. Earlier in April 2023, power consumption had dipped nearly 1.5 […]

The post Power Consumption Dips Marginally By 2.3% To 119.07 Billion Units In December: Govt first appeared on Latest India news, analysis and

By Kalyani Shankar The grand Ram Temple in Ayodhya is all dressed up for the inauguration on January 22 by Prime Minister Narendra Modi. It is fulfilling a longstanding dream of the BJP and the Sangh Parivar. A Hindu mob destroyed the Babri Masjid in 1992, claiming it was built on an ancient Hindu temple […]

The post Ram Mandir Inauguration At Ayodhya On January 22 Is A Big Political Achievement For Narendra Modi first appeared on Latest India

By Dr. Gyan Pathak EVM concerns have cropped up again, because the older Electronic Voting Machines (EVMs) are still in use in large numbers, newer EVMs that come with Voter Verifiable Paper Audit Trial (VVPAT) paper record are not comprehensive enough, and even all the VVPATs are not counted to match the actual votes polled. […]

The post EVM Concerns Crop Up Again, Votes Polled Must Match VVPAT Counting first appeared on Latest India news, analysis and reports on

By Sushil Kutty Watch out. Will Maharashtra Lok Sabha elections throw up surprises? The state dangles like a ripe fruit for the taking. Everybody is just waiting. The alliances, they seem they’re many. What happened to the Maha Vikas Aghadi, and did the BJP and the Shinde Shiv Sena combine have a name before Ajit […]

The post INDIA Bloc Has Lot Of Issues To Sort Out For Arriving At An Agreement In Maharashtra first appeared on Latest India

By Arun Srivastava Like all his other jumlas, Prime Minister Narendra Modi’s pledge to ensure the women of their basic rights and protect them from oppression and torture has proved to be yet another empty promise. Had he really been concerned and committed to protect the honour and prestige of women, by now the message […]

The post Indian Women Continue To Remain Unsafe, Unfree Under Modi-Yogi Raj first appeared on Latest India news, analysis and reports on IPA

With the Central Bureau of Investigation serving notice to Kerala-based Jaihind Communications Pvt Ltd channel headed by him, Karnataka Deputy Chief Minister D K Shivakumar on Monday alleged that a big conspiracy is going on to finish him politically. The central agency issued a notice to the firm on Sunday seeking details of the investments […]

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